DepthHouse Volume Flow indicator is used to help determine trend direction strictly based on Negative and Positive volume data.
How to Read:
- Moving Average crossovers are used to help determine a possible trend change or retracement.
- The area cloud on the bottom is calculated by the difference of the moving averages. This could be used to help determine the trending volume strength.
- Bright colored volume bars are large volume spikes calculated by the x factor in the options.
Other changes:
- DepthHouse is going open source with numerous of its indicators. This is only one of many!
- Volume is now displayed without being altered for calculations.
How to Read:
- Moving Average crossovers are used to help determine a possible trend change or retracement.
- The area cloud on the bottom is calculated by the difference of the moving averages. This could be used to help determine the trending volume strength.
- Bright colored volume bars are large volume spikes calculated by the x factor in the options.
Other changes:
- DepthHouse is going open source with numerous of its indicators. This is only one of many!
- Volume is now displayed without being altered for calculations.
Creator of DepthHouse Indicators on TradingView!
↣ depthhouse.com/
↣ depthhouse.com/